CT1 0.00% 1.5¢ ccp technologies limited

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  1. ds
    7,132 Posts.
    billyt - it seems there is a constant bid tone to the stock now. It will help in the long term if some of the smaller 4000 odd shareholders are converted into larger - longer term holders. It seems that the register is getting more sticky which means when it breaks 60c there will be less on offer.

    If it can get a market cap. of around 150m there will be funds that can buy because it will reach their liquidity criteria.

    If you go back through the last 4 years or so the top 20 shareholders have pretty steadily increased their total stake from 30 odd% to 40 odd%. It would not surprise me at all to see the same this Sept give there have been announcements through the year of increasees through the 5% barrier.
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